I’ve been able to study Paul Levy’s management of BIDMC during several classes (more on that someday), and he’s a smart guy. Which makes this dumbfounding, if humanizing:
The Board of Directors of BIDMC today issued the following statement, which has been distributed to the media and to the entire hospital community.
The Board of Directors of Beth Israel Deaconess Medical Center, with the assistance of outside counsel, has completed its review of allegations made involving President and CEO Paul Levy. The review focused on a personal relationship with a former employee of the Medical Center. The Board found that over time the situation created an improper appearance and became a distraction within the hospital.
Good for him, and I doubt this is going to be enough. There’s a scandal worth and immediate $50K penalty and the threat of more in contract negotiations.
Time to call Oprah, or something, and do it All at Once. Get it all out (and don’t hold back, a la Tiger), etc. People will forgive bad judgment, they will pillory you for a cover up.
It’s going to come out, so Just Do It.